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Search Results 0 to 12 of about 13 (some duplicates have been removed)
Dec 6, 2012 3:00pm PST
-called entitlements. many lawmakers and economists have argued it's essential to make big changes to medicare and social security. among those ideas are raising the eligibility age; means- testing for wealthy recipients; cuts in spending and benefits and a bigger role for private competition in health care. max richtman has been arguing against making many of these changes as part of this fight. he's the president of an advocacy group, the national committee to preserve social security and medicare. he joins us now. >> welcome. >> thank you for inviting me. >> first of all, why shouldn't social security and medicare be part of the entire group of government spending programs that are being looked at to get to deal with the deficits? >> well, before i answer that i was very interested in the way you characterized these programs as entitlements. so-called, you said, entitlements. and we think that a better term would be earned benefits. you know, i counted the letters in the word "entitlement." there are 11 letters. often people refer to entitlement as a four-letter word and it's a derogatory,
Dec 4, 2012 3:00pm PST
in medicare and medicaid. at the white house today, the president met with a bipartisan group of governors pressing his own plan for deficit reduction. that proposal, $1.6 trillion in revenue from tax increases on the wealthy and $600 billion in spending cuts mostly from reductions in medicare. he also wants authority to raise the debt ceiling without congressional intervention. but governors emerged afterwards treading a line between the two sides. delaware governor jack markel, a democrat, is chairman of the national governors association. >> we came not to embrace one plan or the other. we came to make it very clear, a, why it's so important that something happen both on the economic and on the fiscal issue and, b., to make sure that the president, the white house, the administration and members of congress realize that we are willing partners. >> reporter: republican scott walker of wisconsin and other leaders also urged the burden of medicaid spending for the poor not be shifted to the states. >> we hope there's going to be something that happens here in this nation's capital. in the
Dec 5, 2012 3:00pm PST
in marginal tax rates. and it would change eligibility for medicare and social security over the longer term. bob corker is from tennessee and joins us now from capitol hill. senator, welcome, and first of all, we heard late today that there was a phone conversation between the president and speaker boehner. have you heard anything about that? >> no, i haven't. i've been in multiple conversations today about this. but i've been in a meeting until right now for the last two hours. so i have not been aware of the phone conversation. sphwhrood well, we not hearing any reports other than the fact the call took place, but the fact that it took place, is that good news? >> oh, i don't know, judy. i think there are a the love discussions about what is the best way to get the type of entitlement reforms that everyone knows needs to take place, both republicans and democrats. judy, i have been in i don't know how many meetings in the last two years where there is a lot of commonality around the issue. as you know, the president has been, you know, sort of a-- not to be pejorative, but sort of a one-t
Dec 7, 2012 3:00pm PST
the cola, how fast social security benefits go up. raise the medicare eligibility age which is not so great. medicare plan b, raising the cost of the premium there. there are lots of options on the taebl and to get something that matches the 1.2 billion or trillion in new revenue, you got to have some real cuts, that is something he can offer boehner. >> woodruff: you touched on it, what about this conservative chorus now in the house who are saying that boehner has already given up by just even being willing to raise revenues. i mean and some of them are saying we're not sure we're going to vote for him for re-election. how much, does he really have serious pressure from the right or not? >> will with, i mean the problem he has is there's 18 of them. he threw four people off this week, three of them for not being sufficiently supportive of the caucus position, being to the right of the caucus. and so he starts off by making four enemies, basically,-- he's made enknee-- enemies. if 18 of them decided not to show up and vote for john boehner on the 3rd of january it would not be-- he would n
Dec 6, 2012 12:00pm PST
end up being, also on entitlements such as raising the medicare eligibility age, changing the cost of living adjustment for social security. that was all on the table in the summer of 2011. it was part of the proposal that republicans put forth this week. but he knows that in order to be able to agree to that ultimately he needs to make sure that he's extracting something from republicans which are these tax cuts. >> rose: if they go off the fiscal cliff they do not reach a negotiation, a compromise by december 31st, who does the whitehouse think will get the blame? >> well i think it's not just the whitehouse charlie. the whitehouse and republicans are ultimately going to be blamed for this and that's why you're starting to see some fissures amongst republican rank and file you had today 40 house republicans signing a letter and saying they think all options should be on the table, including tax cuts and entitlements. it doesn't seem to be moving. house speaker john baron. but what it could ultimately do is start to lay the ground work for providing him cover to be able to back o
Dec 3, 2012 7:00pm PST
$900 billion in spending cuts from program reforms to medicare and social security. the g.o.p. plan would raise $800 billion in revenues by closing loop-holes and reforming the tax code, but stops short of specifics. noticeably missing: the higher taxes on high-wage earners which president obama has insisted on. the white house responded, saying "the g.o.p. proposal does not meet the test of balance. in fact, it actually promises to lower rates for the wealthy and sticks the middle class with the bill." it's not just the federal government under pressure. credit ratings agency fitch calls the fiscal cliff the biggest concern for state credit in 2013. saying, "any meaningful federal deficit reduction is likely to lower state funding, forcing program elimination or backfilling." as the tax hikes and spending cuts approach, u.s. manufacturers saw business shrink last month. the institute of supply management's purchasing managers index fell unexpectedly to 49.5, down from 51.7 in october. a reading below 50 means business has fallen back into contraction. the november statistic is the
Dec 3, 2012 3:00pm PST
would also raise the future eligibility age for medicare and alter medicaid to save another $600 billion. the republican plan would not increase tax rates for the wealthy. the president is campaigning for his plan, taking questions on twitter today, and releasing this new web video. >> under my plan, first of all, 98% of folks who make less than $250,000, you wouldn't see your income taxes go up a single dime. all right? because you're the ones who need relief. >> ifill: treasury secretary timothy geithner met with congressional leaders last week and pressed the administration's case in a series of talk show appearances this weekend. >> rates are going to have to go up on the wealthiest americans. those rates are going to have to go up. >> there's no possibility that we're going to find a way to get our fiscal house in order without those tax rates going back up. >> there's no path to an agreement that does not involve republicans acknowledging that rates have to go up for the wealthiest americans. >> ifill: but boehner, also on a sunday talk show appearance pushed back. >> flabbergasted
Search Results 0 to 12 of about 13 (some duplicates have been removed)